Binance Pulls out Reserve Assets Amid Crypto Market Crash?

Is Binance really making large transfers?

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Binance.US appoints ex-New York Fed chief as board director to boost compliance efforts

Embattled crypto platform Binance. US told CryptoSlate it appointed Martin C. Grant, a former New York Federal Reserve Bank Compliance Chief, to its Board to improve compliance efforts and restore users’ trust in its services.

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Binance.US Taps Former New York Fed Compliance Chief for Board Role

Binance.US added Martin Grant, a one-time New York Federal Reserve Bank official who spent 17 years as its chief compliance and ethics officer, to its board of directors.

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Binance Reveals Substantial Shiba Inu Holdings In Latest Proof Of Reserves Report

Binance, the world’s largest cryptocurrency exchange, has released its latest Proof of Reserve (PoR) report, displaying trillions of Shiba Inu tokens held by users on the exchange.   Binance Holds Over 67 Trillion Shiba Inu Tokens On Monday, April 1, Binance published its 17th proof of reserve report.

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Here's How Much XRP, SHIB and DOGE Binance Currently Holds

Binance updated reserve shows uptick in XRP, SHIB and DOGE balances

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Is Binance's dominance under threat?

CME catches up with Binance in terms of Open Interest. BNB's price remains unaffected as it continues to surge. Binance [BNB], with its recent release of proof of reserve data, has provided The post Is Binance's dominance under threat? appeared first on AMBCrypto.

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Will Recent Binance Events Trigger This Historical Bitcoin Bull Run Signal?

The recent events at cryptocurrency exchange Binance could trigger the next Bitcoin bull run if this pattern continues to form. Will Bitcoin Exchange Reserve Ratio Turn Around After Binance News? As explained by an analyst in a CryptoQuant Quicktake post, the BTC exchange reserve ratio for US versus off-shore platforms has followed a specific pattern during past bull markets of the asset.

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Bitcoin Reserve Shift: Binance Dips 5,000 BTC, Coinbase Surges 12,000 BTC

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Coinbase becomes a haven for Bitcoin holders amidst Binance's troubles

BTC reserve on Coinbase has increased. BTC bears may have re-emerged, but bullish momentum persists.  Huge fund outflows recorded on Binance following Changpeng Zhao’s resignation as its The post Coinbase becomes a haven for Bitcoin holders amidst Binance's troubles appeared first on AMBCrypto.

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Here’s What Binance’s Latest Reserves Report Says About Its Ability To Cover User Deposits

Binance, the largest crypto exchange in the world, just released its latest report for its reserves. Following the FTX liquidity issue debacle, crypto exchanges have periodically published reports of their reserve holdings to address investor concerns.

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Binance & FTX - Will one meet the other's fate?

Binance's Bitcoin reserves increased by 14% since the FTX collapse. Binance's clean reserve ratio was over 94% at the time of publication. The world's largest crypto exchange Binance [BNB] hThe post Binance & FTX - Will one meet the other's fate? appeared first on AMBCrypto.

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Here's How Much Dogecoin (DOGE), SOL, XRP Binance Holds

Exchange's most recent asset reserve certificate reveals significant fluctuations in holdings of various digital assets

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Binance’s Latest Asset Reserve Certificate: BTC, USDT & ETH Deposits Decline, BNB Surges

Binance, the leading cryptocurrency exchange, has recently unveiled its eighth asset reserve certificate, shedding light on the changes in user deposits. The snapshot, taken on July 1st, exposes noteworthy adjustments in the holdings of Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and Tether (USDT).

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Binance users withdraw assets in June amid global regulatory pressure

Binance’s regulatory challenges in various jurisdictions in June appear to have resulted in a significant decline in users’ crypto assets. Binance users withdraw assets. The exchange’s latest proof of reserve snapshot, taken on July 1, showed that users’ Bitcoin deposits fell by 3.

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Litecoin price analysis ahead of the FOMC decision, US inflation data

Litecoin has formed a triple-top pattern on the daily chart. The main news is the recent lawsuits against Coinbase and Binance. The Federal Reserve will deliver its next interest rate decision. Litecoin price has come under intense pressure in the past few days as investors focus on the recent SEC lawsuits against Coinbase and Binance.

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Stablecoin Market Cap Decreases, But Whales Remain Unfazed: Santiment

According to data from leading crypto analytics firm Santiment, a distinct trend has unfolded in the stablecoin sphere. Even as stablecoins designed to maintain parity with a reserve asset like the US dollar, continue to hold their $1 peg, the combined market capitalization of the top five stablecoins – Tether (USDT), USD Coin (USDC), Binance USD (BUSD), Dai (DAI), and TrueUSD (TUSD) – has been experiencing a consistent decrease.

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BUSD burn and its Ethereum connection: All you need to know

On 22 February, Binance burned $2 billion worth of BUSD. BUSD went a bit over its peg after the burn as its reserve on Binance continued to reduce. Issues with the Securities and Exchange CoThe post BUSD burn and its Ethereum connection: All you need to know appeared first on AMBCrypto.

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Binance USD [BUSD] maintains its peg even as outflow increases

BUSD has been able to maintain the $1 peg despite its FUD. Binance's BUSD reserve has declined to around 12.4 billion. The regulatory hammer hung above Binance for some time before landing oThe post Binance USD [BUSD] maintains its peg even as outflow increases appeared first on AMBCrypto.

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Aspiring Crypto Bank’s Plight Shows Binance’s Issues Are Just Part of the Story

Custodia Bank’s membership rejection by the Federal Reserve Board is more alarming for crypto banking than the recent troubles of Binance, Juno and Signature Bank combined.

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Full audit of Binance’s reserves ‘some way off’ – exec

Binance Asia-Pacific head Leon Foong  said a comprehensive audit of the exchange’s reserve is not possible in the near term, given the crypto learning curve for big accounting firms, Bloomberg News reported.

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FET becomes reserve asset for Binance as AI token popularity rises

Fetch.ai (FET)has become a listed token on Proof of Reserves (PoR) for several exchanges, including Binance, Huobi and Bitfinex, according to Glassnode data. The post FET becomes reserve asset for Binance as AI token popularity rises appeared first on CryptoSlate.

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WazirX releases proof of reserves with majority of funds in Binance wallets

The cryptocurrency exchange released its proof of reserves and proclaimed it to be India’s largest exchange both in volume and reserve funds.

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Glassnode Raises Concerns Over Binance PoR Data, Was There A Mistake?

Binance, as one of the leading crypto exchanges, tried to exhibit transparency in its operations, especially on the security of customers’ funds. This led it to publish its proof of reserve (PoR) reports.

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Crypto price predictions: Bitcoin, Cardano, Binance Coin

Crypto prices remained in a consolidation phase this week as concerns about FTX contagion continued. They also reacted to the latest interest rate decision by the Federal Reserve and the arrest of Sam Bankman-Fried.

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Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders

Binance endured $902 million of net outflows in the past 24 hours, according to data by Nansen.

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Questions on Binance’s Proof of Reserve audit report

Mazar, the accounting firm that did Binance's reserves audits, could not attest to its strategy or the firm's reserves request. This comes after Binance's Proof-of-reserves again brought FUD concerning their credibility.

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Kraken’s Powell says Binance Proof-of-Reserve is pointless without liabilities

Former Kraken CEO Jesse Powell criticized Binance’s Proof of Reserve, calling it an “ignorant or intentional misrepresentation.” I'm sorry but no. The post Kraken’s Powell says Binance Proof-of-Reserve is pointless without liabilities appeared first on CryptoSlate.

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CryptoSlate Wrapped Daily: Bitcoin worth $1.5B leaves Coinbase; Mid-cap tokens outperform Bitcoin

The biggest news in the cryptoverse for November 25 includes Binance publishing BTC proof of reserve, BNB hitting 6% market dominance as mid-cap tokens outperform Bitcoin, 100,000 Bitcoin worth over $1.

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In Crypto We Trust: Binance Promises Greater Transparency With Proof of Reserves

Binance has released its Merkle tree proof of reserve system, enabling its users to verify their holdings with the exchange. The post In Crypto We Trust: Binance Promises Greater Transparency With Proof of Reserves appeared first on BeInCrypto.

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Bitcoin Bearish Signal: 130k BTC Just Flowed Into Binance

On-chain data shows the crypto exchange Binance has just received Bitcoin inflows of 130k BTC, a sign that may be bearish for the price of the crypto. Binance’s Bitcoin Exchange Reserve Has Sharply Spiked Up Over Past Day As pointed out by an analyst in a CryptoQuant post, Binance has received a massive Bitcoin deposit today.

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HEX Trust is changing priorities after FTX-induced Crisis

Hex Trust joins CEXs Reserve like Binance and Cypto.com to emphasize transparency and minimize risk exposure for investors.

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HEX Trust is Changing Priorities after FTX-induced Crisis

Hex Trust joins CEXs Reserve like Binance and Cypto.com to emphasize transparency and minimize risk exposure for investors.

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Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco

Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence.

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Binance Releases Wallet Addresses of $69B Crypto Reserve

The exchange said it will share its proof-of-funds in the coming weeks.

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First Mover Asia: Crypto Exchange BitMEX Publishes Proof of Reserves Ahead of Friday’s BMEX Listing; Bitcoin Rebounds After Dropping Below $16K

On Wednesday, Binance, Gate.io, KuCoin and Huobi were among the exchanges that said they would publish Merkle tree reserve certificates. Their announcements came amid the mounting crisis involving FTX.

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2.5 Billion TRX Removed from Binance by Tron to Prevent USDD De-Peg

TRONDAO reserve shared two different transactions from WhaleAlerts

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Команда Tron выведет с Binance 2,5 млрд TRX для обеспечения устойчивости USDD

Децентрализованная автономная организация TRON DAO Reserve заявила, что выведет с платформы Binance 2,5 млрд TRX «для защиты блокчейн-индустрии и криптовалютного рынка». To safeguard the overall blockchain industry and crypto market, TRON DAO Reserve will withdraw 2.

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Offering a fair offering an equal and fair opportunity with Nemesis DAO

Known as a decentralized reserve currency protocol, Nemesis DAO was built on the Binance Smart Chain with its native token, $NMS, backed by a receptacle of assets in the treasury, giving it an inherenThe post Offering a fair offering an equal and fair opportunity with Nemesis DAO appeared first on AMBCrypto.

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Bitcoin SV (BSV) delisted by Australian largest crypto exchange

Australia’s largest crypto exchange, Independent Reserve, has announced plans to delist Bitcoin SV (BSV) for what the exchange calls a bullying threat to Bitcoin developers. Binance also delisted the BSV token in 2019 after users complained about the token’s poor performance.

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Binance Joins India’s Digital Exchange Committee, IAMAI, to Advance the Country’s Blockchain Industry

Binance, the leading crypto exchange globally, announced on Thursday that it had joined India's digital asset exchange committee under the Internet and Mobile Association (IAMAI). This comes a few months after the country's Supreme court overturned an earlier decision by the Reserve Bank of India (RBI) to ban crypto operations. Since this development, India is […]

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Trading Expert Compares Recently Minted 60 Mln USDT to Fed?s QA Injections

Crypto trader Mati Greenspan slams Tether for issuing an extra 60 mln USDT, comparing it to Fed Reserve?s QA injections, Binance gets kicked too

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Binance Buyout Brings Hope to Investors in India of Enhanced Regulation

Back in April 2018, India’s central bank instigated a massive crackdown on purchasing and trading cryptocurrency like Bitcoin. Bibhu Kanungo, who is the Deputy Governor for Reserve Bank of India, declared that all the firms regulated by the RBI should “stop having business relationships with entities dealing with virtual currencies forthwith and unwind the existing […]

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Binance’s Bitcoin-Pegged Token: Is BTCB Really Necessary?

Binance announced a new asset-backed token last week. Known as BTCB, it is backed by a reserve fund of Bitcoin (BTC) and will enable users to exchange the coin’s value on the Binance ecosystem.

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Sorry Folks, Binance Won’t be Buying Back BNB Coins

Cryptocurrency exchange, Binance is not buying back BNB coins from its users as earlier stipulated. The exchange made changes to its whitepaper, and now burns the BNB coins from its reserve rather than repurchase them from their customers.

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Binance CEO: “Crypto Will Increase More Than 1000x Simply Due To The Fiat Printing Alone”

“The United States Can Pay Any Debt It Has Because We Can Always Print Money To Do That. ” These are the exact words of former Federal Reserve Chairman Alan Greenspan from August 2011, a video that resurfaced online recently.

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6 Craziest 2019 Crypto Market Development Scenarios from ICOBox

CoinSpeaker 6 Craziest 2019 Crypto Market Development Scenarios from ICOBox Daria Generalova, Co-Founder and Managing Partner at ICOBox, shares 6 craziest 2019 crypto market development scenarios.

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